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Hospitality & Tourism
Saudi Arabia’s Quality of Life Program creates over 925,000 jobs in tourism in 2023
Program rehabilitated of over 100 heritage sites and museums in 2023
Hospitality & Tourism
Saudi Entertainment Ventures joins Qiddiya to enhance entertainment ecosystem
SEVEN spearheads 21 entertainment projects across 14 cities, with investments exceeding $13.33 billion
Hospitality & Tourism
Saudi Arabia’s Diriyah seeks U.K. partnerships in business, development projects
Diriyah reiterates commitment to expanding its partnership portfolio across various sectors
Economy
Investopia Europe 2024: UAE Economy Minister highlights strong strategic ties with EU, vows to deepen mutually beneficial relationship
H.E. Bin Touq meets with ministers and top EU officials to discuss prospects for enhancing economic cooperation
Energy
UAE, Mauritius to deepen cooperation in water, energy, sanitation
Areas of collaboration included renewable energy, hydrogen, liquefied natural gas
Markets
Market cap of Arab stock exchanges exceeds $4.361 trillion in April: AMF
Market value of the Abu Dhabi Securities Exchange reached $754.7 billion in April
Logistics
Saudi Arabia plans $100 billion investment to develop aviation sector
Over $50 billion will go to developing the country's airports
Economy
Dubai’s investments in Vietnam surpass $76.2 million in 5 years, generating 4,500 job opportunities
Bilateral trade between Dubai and Vietnam surged to $8.6 billion in 2023
Markets
10 MENA IPOs raise $1.2 billion in Q1 2024: Report
UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs
Banking & Finance
Dubai’s DFSA records 25 percent surge in licensed firms in 2023, reaching 791
The Authority saw growth in ESG securities listings, totaling $11.72 billion in new ESG bonds and Sukuk listed
Economy
Egypt’s annual urban inflation rate decreases to 32.5 percent in April
Prices in April increased by 1.1 percent, up from 1.0 percent in March, on a month-on-month basis
Hospitality & Tourism
UAE’s UAQ Department of Tourism signs agreement to develop tourism sector in the emirate
The deal seeks to facilitate the exchange of knowledge and expertise in the fields of tourism, hospitality, and entertainment
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